Clicky

Principal Spectrum Preferred Securities Active ETF(PREF)

Description: The investment seeks to provide current income. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector.


Keywords: Debt Credit Preferred Stock Subordinated Debt

Home Page:

PREF Technical Analysis

Exchange: NYSE ARCA

Country: US

Currency: US Dollar ($)

Category: Preferred Stock

Asset Allocation
Asset Class Long % Short % Net Assets
NotClassified 66.81 0.00 66.81
Bond 30.90 0.00 30.90
Cash 2.31 0.01 2.29
Sector Weights
Sector Equity % Relative to Category
World Regions
Region Equity % Relative to Category
North America 0.00 93.44
United Kingdom 0.00 6.56
Back to stocks